P29 Foundation tax-exempt bond
Erie County Industrial Development AgencyNew York- Detected
- Sep 23, 2026
- 42 days ago
- Sector
- Capital Projects
- Est. value
- Free account
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From the meeting
At its June 24, 2026 meeting, the ILDC Board approved up to $350 million in tax-exempt bonds and up to $3 million in mortgage recording tax exemption for P29 Foundation's housing transaction. The deal finances acquisition and renovation of 21 multifamily properties, about 526 residential units, mostly in Buffalo and one in Evans. Planned work included substantial building renovations, energy-efficiency upgrades, geothermal HVAC systems, battery energy storage systems, and related site enhancements.
Decision state: approved bond financing and related documents.
- Meeting date
- September 23, 2026
- Agency
- Erie County Industrial Development Agency
Questions about this project
What is a pre-RFP?
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When will Erie County Industrial Development Agency issue an RFP for this project?
Pre-RFPs typically surface 6–18 months before a formal solicitation is published. Civic IQ tracks Erie County Industrial Development Agency's meeting records, agendas, and budgets continuously and updates this pre-RFP as the project moves through the buying cycle toward an RFP.
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